Weekly Bulletin 25th August 2015

A considerably better week for the team agreeing 9 sales over the last 10 days with a further 5 offers to work on. We have seen a noticeable difference the latter part of the week with new instructions, instructing 14 properties over the last 10 days.

Lettings had a record breaking week congratulations to all the team.

A recent report has suggested that home buyers demand surged to its highest level within the last 11 years, the number of house hunters registered per estate agent on average has seen a 5% rise, an average of registrations per month compared to Junes figures of 439, these are the highest recorded figures since August 2004, when an average of 582 house hunters where recorded per branch. However the supply has also increased last month jumping 25% from an average of 44 properties available per branch in June to 55 in July. The demographic of buyers is altering considerably and in fact the National Association of Estate Agents said the number of sales agreed to first time buyers continued to fall in July with first time buyers accounting for just 23% of sales.

A big well done to Helen Sizer and Jackie Jenkins exchanging on 14 house sales last week – well done to both of you- the phrase pulling teeth has been used repeatedly over the last few months and last week is reflection on your tenacity and hard work

For selling, buying or letting please remember our Shirley and Dickens Heath offices are open 7 days a week 9 till 6 Monday- Friday, 9 till 5 Saturday and 10 till 2 Sunday for both sales and lettings and our web sites; www.smart-homes.co.uk, www.rightmove.co.uk and www.onthemarket.com are updated every week day. If you require a free market appraisal on your property for either rental or sale please contact 0121 744 4144 where we would be
delighted to discuss the service that Smart Homes has to offer, which in our view is second to none.